Eric Bahn - Why being a founder of a VC fund is often easier than being a founder of a startup!

👉🏼 About the Guest:

Eric Bahn who proudly identifies as a 'Minivan enthusiast' is the Co-Founder and General Partner at Hustle Fund, a VC fund that invests in "hilariously early" founders at the pre-seed stage. With $130M AUM, they invested in over 500 startups including the biggest names like Webflow, Copy AI, and Voiceflow!

Before Hustle Fund, Eric spent his career as a product leader at renowned companies like Instagram and Intuit. He also founded Beat The GMAT(acquired by the Daily Mail in 2012) and co-founded Read Your Story(Acquired by JibJab, 2022) with his sister.

Eric has been featured in numerous press outlets like TechCrunch, Time Magazine, and The New York Times. He holds a BA and MA from Stanford University.

👉🏼 About the Host:

Sharath is a founder, creator, and community builder. He is also a serial maker who built and shipped 15+ projects using no-code tools. His SaaS product Shoutout generated $30k ARR, which was sold to a UK-based product studio. Prev, Sharath worked for world-changing startups like Product Hunt and On Deck, where he helped build and nurture communities. He also grew his audience on Twitter from 200 to 22,000 using give-first principles and creating high-value content. Currently, he is the Head of Community + Brand at Threado, building a side project called GuestLab, and runs a newsletter called YC Founder Stories alongside hosting this podcast.

👉🏼 Sponsor Corner:

Shoutout to Acquire.com for being the first sponsor of The Undefeated Underdogs podcast! They’re the best online marketplace to buy/sell startups and I know many founders who have sold their businesses there. If you're looking to wind down your business and cash in some of your founder chips, check them out - https://try.acquire.com/sharath/

👉🏼 Description:

Tune in as Sharath and Eric discuss the next generation of venture capital, the importance of empathy in founder relationships, and of course, Eric's obsession with minivans.

👉🏼 Timestamps:

• 00:00: Episode Highlight
• 01:40: Shoutout to Acquire.com
• 04:06: Introduction to Eric Bahn, 3x Founder and Creator of Hustle Fund VC
• 06:00: Eric's Obsession with Minivans
• 09:45: The Impact of Family
• 15:02: Hacks to Raising Responsible Kids
• 19:17: Developing a Long-Term Vision
• 22:29: Triggers to Motivate Your Work
• 27:02: What Makes a Founder Trustworthy
• 34:45: How the VC Industry Needs to Improve
• 39:57: Comparison of Being a Start-Up Founder vs. VC Founder
• 43:01: Lessons Learned as a Founder that Help in VC
• 50:37: Choosing Between Being a Founder or VC
• 51:34: Advice for Aspiring VCs
• 54:49: What is a "Hilariously Early" Founder?
• 56:21: Outro and Closing Thoughts

👉🏼 Resources:

• Have your product acquired: https://try.acquire.com/sharath/
• "The Righteous Gemstones": https://www.hbo.com/the-righteous-gemstones

👉🏼 Where to find Eric:

• Twitter: https://twitter.com/ericbahn
• Hustle Fund: https://www.hustlefund.vc/team
• Linkedin: https://www.linkedin.com/in/ericbahn

👉🏼 Where to find Sharath:

• Twitter: https://twitter.com/5harath
• YouTube: https://www.youtube.com/@5harath
• Website: https://5harath.com/
• Newsletter: https://5harath.substack.com/